“After Spending $44 Billion?”: Elon Musk Resigning as the CEO of Twitter Sparks a Heated Debate

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The entire internet needs no introduction to the world’s second-richest man and his quirky shenanigans on social media platforms. Elon Musk, the owner of companies like Tesla, PayPal, and SpaceX is known throughout the realm of the virtual world as somewhat of an enigma, being spontaneous, and many a time, unpredictable with his actions and words on the internet, especially on the free speech platform Twitter.

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Elon Musk
Elon Musk

His obsession with free speech is so prominent that after spending a significant amount of his socializing time on the platform, Musk finally decided to buy the social media company in a takeover like none other. With many ups and downs happening along the way, he was finally able to take over the company’s ownership by paying a whopping $44 Billion for it. But yet again, the man has decided to step down as the CEO, and people are unable to keep calm.

Elon Musk Decides To Step Down As Twitter’s CEO!

Elon Musk
Elon Musk seeks to step down as Twitter’s CEO

As crazy as it may seem, this is not the first time that the world’s second-richest man has done something that defied the understanding of normal human beings. Elon Musk is infamous for making seemingly irrational decisions about many things, like selling a working flamethrower to the public via The Boring Company or naming his newborn baby a name that sounds like a cyborg. But his decision to buy Twitter was one of his more sensible decisions as he is a firm believer in absolute free speech.

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Although it seems like managing a platform with no reigns to the extent of freedom of speech is coming out to be a task that is not his cup of tea, as he has decided to step down as the current CEO of Twitter. After a recent poll that he conducted, asking the users whether he should step down as CEO, which came with a landslide vote for yes. After that poll, Musk decided to give the helm to a suitable candidate and work behind the scenes at the company.

 

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Although Musk said that this decision was a well-thought one, he wants to find someone more suitable to helm this social media platform with more efficiency. But it seems like the users of Twitter have already divided themselves into two groups and decided to argue online about this decision.

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You may also like: ‘Elon Musk is a visionary. That said, he’s a terrible fit for Twitter’: Horror Legend Stephen King Praises Musk’s Reign as Tesla CEO But Calls Him Out on Draconian Social Media Antics

What Will Happen After Elon Musk’s Stepdown?

Elon Musk
Elon Musk

To be honest, we think this news will lead to more Twitter arguments, the creation of a couple of memes, and then a priority shift to the new person who takes over from Musk. A social media company will survive, even thrive in situations where people have an opinion, and when that opinion has to do with someone as important as the world’s second-richest man, the words turn into cash at blinding speeds.

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Source: @PopBase

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Written by Deepak Bisht

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Deepak Bisht is a writer at FandomWire who has vast expertise in films of many genres, a hardcore anime nerd along with two years of writing experience. After completing his Bachelor's in Business Administration, he became part of the company in hopes of providing accurate, informative, and exciting articles to the world.

Apart from his contributions to FandomWire, the rest of his time is spent either reading quality works of literature, listening to vintage music, or playing any video games he can get his hands on.